#38 - The Stages of Competence: Why Consistent Effort Trumps Raw Talent

Path To Passive: Real Estate Investing For Technology Professionals

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In this episode, Steven breaks down the four stages of competence and how understanding these stages can help you master new skills, including investing and personal finance. He shares personal insights on the importance of consistency, the time it takes to see results, and how to stay motivated throughout the learning process.
He also offers practical advice on evaluating your progress and setting realistic expectations based on the time and effort invested. He encourages listeners to reflect on their journey, identify where they are in the learning process, and use this awareness to stay motivated.
Whether investing in real estate or learning a new language, knowing where you are in the learning process can make all the difference.
Episode Highlights:
(2:16) Importance of consistency and time lag in results
(3:45) Personal stories: current projects and learning processes
(7:00) Detailed breakdown of the four stages of competence
(11:35) Realistic expectations for skill development
(15:23) Inspirational stories from Jack Ma and Michael Jordan
(18:22) Applying the stages of investing and skill mastery
(20:15) Outro
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For more resources and guides, check these out:

• Investor 101 https://www.aritacapital.com/investor-101-resource/#
• Due Diligence Resource https://www.aritacapital.com/dd-checklist-resource/

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